The earnings call highlighted significant revenue growth, strong performance in ad revenue, and user growth in Meta AI and Threads. However, there are notable challenges such as high operating losses in Reality Labs, increased infrastructure costs, and ongoing regulatory headwinds. Despite these challenges, the overall sentiment leans towards optimism due to robust financial performance and strategic growth areas.

Company Guidance

During Meta's fourth quarter and full-year 2024 earnings call, several key metrics and guidance for the upcoming year were highlighted. The company reported a Q4 total revenue of $48.4 billion, marking a 21% increase year-over-year, with total expenses at $25 billion, up 5%. Meta's operating income was $23.4 billion with a 48% operating margin, and net income reached $20.8 billion. The company ended the year with $77.8 billion in cash and marketable securities. Meta's daily user engagement surged, with over 3.3 billion people using at least one app daily. The company expects 2025 revenue to reach between $39.5 billion and $41.8 billion in Q1, with full-year expenses projected between $114 billion and $119 billion. Capital expenditures for 2025 are anticipated to be in the range of $60 billion to $65 billion, driven by investments in generative AI, core business infrastructure, and an increase in technical talent hiring. Meta aims to expand its AI capabilities, planning to scale its Meta AI usage which already boasts over 700 million monthly active users, and continues to innovate with products such as AI-powered Ray-Ban glasses and the Llama 4 AI model. The company is also focused on enhancing monetization efficiency, with initiatives like Advantage+ shopping campaigns contributing to a $20 billion annual revenue run-rate.

Strong Revenue Growth

Q4 total revenue was $48.4 billion, up 21% year-over-year on both a reported and constant currency basis.

Operating Income and Margin

Fourth quarter operating income was $23.4 billion, representing a 48% operating margin.

Ad Revenue Increase

Q4 Family of Apps ad revenue was $46.8 billion, up 21% year-over-year.

Meta AI User Growth

Meta AI usage continues to scale, with more than 700 million monthly actives.

Threads User Growth

Threads now has more than 320 million monthly actives, adding more than 1 million sign-ups per day.

Meta AI Glasses Popularity

Ray-Ban Meta AI glasses are a real hit, indicating positive consumer reception.

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Meta Platforms (META) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

META Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 23, 2025	2025 (Q1)	5.23 / -	4.71	―	―	―
Jan 29, 2025	2024 (Q4)	6.76 / 8.02	5.33	50.47% (+2.69)
Oct 30, 2024	2024 (Q3)	5.22 / 6.03	4.39	37.36% (+1.64)
Jul 31, 2024	2024 (Q2)	4.72 / 5.16	2.98	73.15% (+2.18)
Apr 24, 2024	2024 (Q1)	4.32 / 4.71	2.2	114.09% (+2.51)
Feb 01, 2024	2023 (Q4)	4.82 / 5.33	1.76	202.84% (+3.57)
Oct 25, 2023	2023 (Q3)	3.64 / 4.39	1.64	167.68% (+2.75)
Jul 26, 2023	2023 (Q2)	2.91 / 2.98	2.46	21.14% (+0.52)
Apr 26, 2023	2023 (Q1)	2.02 / 2.20	2.72	-19.12% (-0.52)
Feb 01, 2023	2022 (Q4)	2.26 / 1.76	3.67	-52.04% (-1.91)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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META Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 29, 2025	$676.49	$687.00	+1.55%
Oct 30, 2024	$591.32	$567.12	-4.09%
Jul 31, 2024	$474.00	$496.86	+4.82%
Apr 24, 2024	$492.14	$440.17	-10.56%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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